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Organizational and financial strategy alignment is a must “Few things inspire terror in the hearts of administrators and board members as much as an unanticipated shortfall near the end of the fiscal year. Yet deficits happen—and often to groups that do not deserve them,” asserts author and consultant Richard Linzer. This quotation couldn’t be more […]

What we can learn from Girl Scouts’ financial tipping point “As a movement, we are at a tipping point,” says EVP and CEO of Northeast Texas Girls Scouts, Jennifer Bartowski in a . Sometimes what we learn from history isn’t enough. 100-year old Girls Scouts is undergoing financial strain and “shrinking pains” after merging many […]

Donors can ask better financial questions and build sustainability The sector has fallen into a trap we created. By focusing on what we DON’T spend, and not on what has been accomplished, we have completely missed the mark in our messaging. We are part of this problem and it’s up to us to educate our […]

Why does this tough decision demonstrate good judgment? The signature nonprofit newscast, “PBS NewsHour,” announced it would be cutting staff this week to compensate for a drop in corporate sponsors. It will eliminate the “noncritical production positions” in San Francisco and Denver and save more money by leaving open positions unfilled and streamlining technical operations. […]

FINANCIAL LEADERSHIP: THE DIFFERENCE BETWEEN SURVIVAL AND INSOLVENCY FOR NONPROFITS By: Erica McGeachy Crenshaw, Execute Now! The nonprofit community recently lost a 123 year old prolific leader and strategic partner that opened doors for many others with a strong desire to change lives. That leader was none other than the renowned, Chicago-based Jane Addams Hull […]

Nonprofit Finance Fund Survey Points to Boards and Funders More than 4,000 nonprofits responded to the Nonprofit Finance Fund (NFF) survey this spring about their financial affairs and the results were incredibly disheartening. NFF President and CEO Antony Bugg-Levine called the nonprofit sector “a system increasingly under pressure and one that will crack.” Only 43 […]

Financial Factors That a Strong Board Embodies A recent article by governance guru and author of Leveraging Good Will Alice Korngold had me nodding my head vigorously. “The Role of the onprofit Board: Four Essential Factors for Effective Governance” is an essential reminder for nonprofit leaders and board members of the important relationship between executive […]

Holiday season brings human services funding dilemma and solutions to light As we close out Thanksgiving and look ahead to the Christmas festivities, many Americans are not only thankful for their personal well-being, but they are also volunteering to help others in many human service organizations throughout the country. For those of us who work […]

New survey reveals nonprofits are adapting to a new reality “Nonprofits are changing the way they do business because they have to: government funding is not returning to pre-recession levels, philanthropic dollars are limited, and demand for critical services has climbed dramatically,” asserts Antony Bugg-Levine, CEO of Nonprofit Finance Fund (NFF). The NFF has released […]